New Venture Creation 2: October 2023

Event description

Company creation is a key element in the mix of instruments that allow Universities to deliver impact from their funding inputs and research outputs. Forming new companies can be a key enabler of developing new technologies and priming them for the market place, and a key tool for the knowledge transfer professional. It can facilitate economic benefits including a financial return to inventors and their institutions whilst creating new jobs and services of benefit to the local economy and beyond. New ventures may enjoy symbiotic relationships with their parent institutions investing in further University research and securing rights to develop arising IP. There is an increasing expectation that Universities and research institutes should be skilled at setting up actively managing their relationships with new ventures companies. Creating new ventures is a complex, challenging and immersive experience. This course gives a framework for knowing how to embrace this exciting challenge.

Training outcomes

Understand the context of new venture creation in a KE setting 

Develop a business proposal into an investable plan through working with a real case study 

Know how social enterprise structures can provide a route for impact 

Know how to give a short verbal description of a business proposition 

Understand how legal and financial terms govern company activity and financial returns

Understand Director’s responsibilities and the importance of post-formation management

                                               Discuss the needs and roles of different stakeholders and how to manage them

2023 Dates

Tuesday 10 - Thursday 12 October 2023 (Cannot be attended remotely) 

Venue - The Cambridge Belfry, Back Ln, Great Cambourne, Cambourne, Cambridge CB23 6BW

• Registration Evening - Tuesday 10 October 2023
• Day 1 - Wednesday 11  October 2023
• Day 2 - Thursday 12 October 2023

Costs do not include accommodation and travel. PraxisAuril cannot make bookings on behalf of delegates. You will receive further information regarding booking your accommodation in the confirmation email. 

Event fee: Non-Members: £1,595 Member: £1,195

You will obtain 12 RTTP points 

Who should attend?

• Relevant job titles: Relevant to anyone working in KE and/or who support the development and incorporation of a new venture 
• Relevant sectors/organisations: Higher education and public sector research, NHS Innovation
• Experience needed: 18+ months experience in Knowledge Transfer or a related field, experience of contracts and/or IP management, suitable for people who have limited direct experience of starting and incorporating new ventures
• Supporting courses: Fundamentals of Technology Transfer, Research Contracts, New Venture Creation 
• This course will contain; group work, network evenings, and interactive activities.